The printing industry in various countries around the world has been affected to varying degrees by the development of Internet technology and digital media: the market size of the printing industry in the United States has declined significantly, and the printing industry in Canada, the United Kingdom, Australia, and Japan has also shown volatility and decline. Although the market size of my country's printing industry still maintains a growth trend, the growth rate has dropped significantly. Overall, with the development of Internet technology and the popularization of digital media, the development of the global printing industry is facing greater challenges.
Various countries have been affected by digital media and Internet technology to varying degrees
The printing industry refers to an industrial project that uses direct or indirect methods to make images or text into printing plates, only use printing ink to transfer the printing ink to paper or other printing objects under pressure, and quickly replicate in large quantities.
With the development of Internet technology and digital media, the traditional printing industry has been severely impacted. From large printing countries such as the United States to countries with relatively small printing markets such as Australia, the United Kingdom and Canada, demand has appeared to varying degrees. The situation of decline and market shrinkage.
American consumers are increasingly favoring digital media, and the decline in print sales and printing unit prices has also hurt the profits of the entire industry. From 2012 to 2020, the market size of the printing industry in the United States shows a trend of volatility and decline. In 2020, the market size of the printing industry in the United States drops to 74.72 billion U.S. dollars.
Like the US market, under the impact of digital media, the printing industries in Canada, the UK, Australia, and Japan have also encountered unprecedented challenges.
From 2012 to 2020, the market size of the printing industry in Canada, the United Kingdom, Australia, and Japan fluctuated greatly. At the same time, under the influence of the new crown epidemic, the market size of the printing industry in various countries in 2020 will drop to 6.888 billion yuan, 13.5 billion U.S. dollars, 5.889 billion US dollars and 2.8 billion US dollars.
The market scale of my country's printing industry maintains growth but the growth rate has slowed down significantly
From 2014 to 2019, the market scale of my country's printing industry showed a growth state. The growth rate of the market size fluctuated from 2014 to 2018, but the industry growth rate in 2018 was still 4.30%. In 2019, the growth rate of the printing industry dropped to 0.59%, a drop of 3.7%.
Due to the overall "V"-shaped reversal of my country's economy in 2020, the forward-looking forecast predicts that the growth rate of the printing industry in 2020 will be 0.58%, which is basically the same as in 2019. It is therefore speculated that the market size of my country's printing industry in 2020 will be 1,386.7 billion yuan.
Fierce competition in the global market in Asia and Australia
The competition pattern of enterprises in the international printing market is fragmented, with fierce competition in Asia and Australia. Due to the overcapacity and price pressure of various companies, printing companies have extremely strong competitiveness. In addition, with the acquisition of printers, the addition of partnerships and innovation, market competition has become increasingly fierce.
The development trend of the global printing industry
Throughout the global printing industry in 2020, challenges and opportunities coexist. Driven by information technologies such as digitization, intelligence, and big data, the printing industry continues to bring forth the new. In the future, the printing industry will have rapid development in the packaging printing market, digital printing market and 3D printing market.
For more data, please refer to the "China Printing Industry Market Prospect and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute. At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industry declaration, industrial park planning, industrial investment promotion, and IPO fundraising. Solutions such as feasibility studies.